Updated Duplex with Attached
8207 Williams Avenue Philadelphia, PA 19150
For Sale
$340,000
Two-unit duplex in a Philadelphia residential income property, with two bedrooms and one full bath per unit and shared basement storage.
Property Size1,806 SF
Price / SF$188.26
Days on Market183
Property Features for 8207 Williams Avenue
General Information
- Standard status
- Active
- Size
- 1,806 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1950
Listing Agency:
Diversified Realty Solutions
(267) 663-1331
Listed By:
Terris L Farmer · License #RS330020
(267) 663-1331
Source:
Compass
Added: Jan 22
Changed: Jul 23
Last Checked: Jul 23 at 5:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Diversified Realty Solutions
Investment Insights
Based on property information with market context.
This well-kept duplex offers two separate units, each featuring 2 bedrooms and 1 full bath. The first-floor unit includes fairly recent updates such as granite kitchen countertops, newer cabinetry, an updated tile bath, and fresh vinyl flooring, creating a move-in ready layout. The upstairs unit mirrors a similar footprint and is clean and comfortable, with updates completed over the years and everything in good working order.
A basement provides generous storage for both units and includes separate washer and dryer hookups. An attached two-car garage at the rear of the property adds convenient parking.
Set in a quiet Mt. Airy neighborhood, this property is positioned as a flexible owner-occupant or investment option, supported by practical updates and a functional two-unit configuration.
A basement provides generous storage for both units and includes separate washer and dryer hookups. An attached two-car garage at the rear of the property adds convenient parking.
Set in a quiet Mt. Airy neighborhood, this property is positioned as a flexible owner-occupant or investment option, supported by practical updates and a functional two-unit configuration.
Key Highlights
- Duplex with 2 units in a Philadelphia residential setting; each unit has 2 bedrooms and 1 full bath
- First‑floor unit includes granite kitchen countertops, newer cabinetry, a tiled bath, and fresh vinyl flooring
- Shared basement offers generous storage for both units and separate washer/dryer hookups
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.6k | $25.80 |
| − Vacancy | −$2.6k | −$1.42 |
| EGI | $44.0k | $24.38 |
| − OpEx | −$13.2k | −$7.31 |
| NOI | $30.8k | $17.06 |
1,806 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$440.3K
$385.2K – $513.7K
NOI $30,819 @ 7.0% cap · market cap 9.06%
Second Best
Apartment 5plus
$405.8K
$355.1K – $473.5K
NOI $28,408 @ 7.0% cap · market cap 8.36%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-unit duplex in a Philadelphia residential income property, with two bedrooms and one full bath per unit and shared basement storage.
Where is this duplex located?
The property is located at 8207 Williams Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Duplex with 2 units in a Philadelphia residential setting; each unit has 2 bedrooms and 1 full bath; First‑floor unit includes granite kitchen countertops, newer cabinetry, a tiled bath, and fresh vinyl flooring; Shared basement offers generous storage for both units and separate washer/dryer hookups
